spacetoday.net: space news from around the webin association with SpaceNews

Globalstar obtains $30-million investment
Posted: Thu, Jan 3, 2013, 6:27 AM ET (1127 GMT)
Satellite communications company Globalstar has secured a $30-million capital infusion from an investment company that will help the company continue its operations as it completes its next-generation satellite constellation. A British Virgin Islands-based fund, Terrapin Opportunity LP, will purchase $30 million in Globalstar stock over a 24-month period. Globalstar is in the process of launching a second generation of satellites, with the final six of 24 satellites slated for launch in February. Globalstar was delisted from the NASDAQ exchange last month after its stick price fell below the minimum of $1 per share for an extended period.
<<previous article   next article>>
news in brief
Russia launches foreign military satellite
Posted: Sat, Dec 20 12:15 PM ET (1715 GMT)

news links
Monday, December 22
Yet another feather in Indian space cap
Deccan Herald — 8:34 am ET (1334 GMT)
Isro crew module reaches Sriharikota
The Times of India — 8:34 am ET (1334 GMT)
India should spend more on space research: Bhyrappa
The Times of India — 8:33 am ET (1333 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list